I'm not a fan of this price action right now.
-Potentially forming a bearish rising wedge. A retracement to 133-135 would be a great spot to BUY and then to expect ATHs. There will be short-sellers trying to catch the top and though there is some resistance, I do not think it will be strong enough to halt this beast of a stock.
I wouldn't be surprised if we merely pause at prior highs; Usually a momo price-movement like NVDA likes to trick short-sellers into entering to only then rip their heads off as it continues higher.
Summary: I need a retracement and then expecting ATHs with ease
Happy Trading Everyone! If no retracement, then this ship will leave without me :)
-Potentially forming a bearish rising wedge. A retracement to 133-135 would be a great spot to BUY and then to expect ATHs. There will be short-sellers trying to catch the top and though there is some resistance, I do not think it will be strong enough to halt this beast of a stock.
I wouldn't be surprised if we merely pause at prior highs; Usually a momo price-movement like NVDA likes to trick short-sellers into entering to only then rip their heads off as it continues higher.
Summary: I need a retracement and then expecting ATHs with ease
Happy Trading Everyone! If no retracement, then this ship will leave without me :)
Pesanan dibatalkan
I got in with a slight position, but it never pulled back. Any pulls back to the 8 or 10 EMA will be huge buying opportunities Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.